Punjab National Bank - ResignationPunjab National Bank has informed the Exchange that Dr Sunil Gupta, Shareholder director ceases to be Director on the Board of the Bank on resigning from this position vide his letter dated February 28, 2015.

23 Feb

Punjab National Bank - ClarificationThe Exchange had sought
clarification from Punjab National Bank with respect to announcement dated
February 10, 2015 regarding "Bank has raised Rs. 1000 crores Long term
bonds at an annual coupon of 8.23% on Private placement basis on February
09, 2015 through five arrangers".
On basis of above the Bank is required to clarify following:
1. Name of Investors;
2. Issue Price/Allotment Price;
3. Tenure of the Instrument.
The reply from the Bank is attached.

13 Feb

Punjab National Bank - Raising of FundsPunjab National Bank has informed the Exchange that "Bank has raised Rs.1500 crore through Basel Ill
compliant Perpetual Debt instruments in the nature of Debentures for
inclusion in Additional Tier I Capital at an annual coupon of 9.15% p.a.
with call option at the end of 10 years through Private placement and issue
stands closed".

11 Feb

Punjab National Bank - ClarificationThe Exchange has sought clarification from Punjab National Bank with respect to announcement dated February 10, 2015 regarding "Bank has raised Rs. 1000 crores Long term bonds at an annual coupon of 8.23% on Private placement basis on February 09, 2015 through five arrangers".
On basis of above the Bank is required to clarify following:
1. Name of Investors;
2. Issue Price/Allotment Price;
3. Tenure of the Instrument.
The reply from the Bank is awaited.

02 Jan

Punjab National Bank - UpdatesPunjab National Bank has informed the
Exchange that it has been decided to change the cut off date from January
9, 2015 to January 19, 2015 for the purpose of ascertaining eligibility of
shareholders to receive notice, attend and vote at the EGM to be held on
February 13, 2015 and nominate candidates/contest election.